Generally yes. Sometimes you run into complications such as not enough space in the box to connect up the new wires coming in.
Original BX cable is not code compliant. Its spiral sheath is not a good and sufficient ground. Nowadays, most spiral wrapped cabling must have a straight grounding strip or wire running through it.
(One morning on WRKO Radio) The tub's not clean! Let's remodel the bathroom.
(One afternoon on WRKO Radio) It's time for an oil change. I'm going to trade in the car for next year's model.